CORPORATE OVERVIEW

James Bay Resources is a Canadian junior oil company with a focus on acquisition, exploration and development of oil and gas opportunities in the prolific Delta region of Nigeria.

We believe in working with local partners who can help us acquire low risk fields that we can put into early production, but which also have the potential for further exploration and expansion of reserves.

Cash flow from this early production reduces project risk, allows us to fund our Social Responsibility commitments, at the same time as enhancing the overall business.

RECENT NEWS

James Bay Resources Limited (CSE:JBR) ("James Bay" or the "Company") announced that Crestar has commenced legal proceedings in the High Court of Justice in England, against the Nigerian subsidiary of Seplat Petroleum Development Company PLC.

James Bay Resources Limited ("James Bay" or the "Company") (CSE:JBR) announced that it has now raised aggregate gross proceeds of $3 million by way of a non-brokered private placement (the "Offering") of unsecured convertible debentures (the "Debentures").